'Scarcity forces people' presentation slideshows

The Economic Way of Thinking

848 views • 62 slides

Economic Foundations

Economic Foundations. 3.01 Explain the concept of economics. ECONOMICS. The study of how to meet the unlimited wants of a society with its limited resources. RESOURCES. All things used in producing goods and services . Students list examples as a class. ECONOMIC RESOURCES. Land Labor

576 views • 45 slides

Economic Foundations

Economic Foundations. 3.01 Explain the concept of economics. ECONOMICS. The study of how to meet the unlimited wants of a society with its limited resources. RESOURCES. All things used in producing goods and services. ECONOMIC RESOURCES. Land Labor Capital. LAND. Natural Resources

564 views • 43 slides

Chapter 1 What is Economics?

Chapter 1 What is Economics?. S1: Scarcity and Factors of Production S2: Opportunity Cost S3: Production Possibilities Curves. Bell Work: S1 (10 minutes). Get book, folder, and texts Pick up Chapter 1 and Unit Worksheets 3 hole punch them and place in Folders

420 views • 28 slides

Chapter 1 What is Economics?

Chapter 1 What is Economics?. S1: Scarcity and Factors of Production S2: Opportunity Cost S3: Production Possibilities Curves. Bell Work: S1 (10 minutes). Get book, folder, and texts Pick up Chapter 1 and Unit Worksheets 3 hole punch them and place in Folders

396 views • 23 slides

SCARCITY!

SCARCITY!. Goods and Services. Goods vs. Services Good = Something TANGIBLE that people want or desire Service = Something INTANGIBLE that people want or desire Now that you know the difference between Goods and Services, what is that people want? WE WANT EVERYTHING!!

266 views • 10 slides